US market is showing progress

The US Energy Department released a new report showing progress for the US offshore wind energy market in 2012, including the completion of two commercial lease auctions for federal Wind Energy Areas and eleven commercial-scale U.S. projects representing over 3.8 GW of capacity reaching an advanced stage of development. Further, the report highlights global trends toward building offshore turbines in deeper waters and using larger, more efficient turbines in offshore wind farms, increasing the amount of electricity delivered to consumers.

This year's Offshore Wind Market and Economic Analysis, authored by the Navigant Consortium for the Energy Department, builds on last year's report, providing additional information on offshore wind's potential to add to U.S. electricity capacity and create jobs, as well as outlining policy developments that influence the sector. This report, along with other offshore wind R&D projects that began in 2011 and advanced technology demonstration projects announced in 2012, are part of the Department's national offshore wind strategy, supporting the development of a suite of tools and advanced engineering prototypes that can assist offshore wind project developers and industry stakeholders.

The offshore wind market assessment report will be updated and published annually for a three-year period, providing stakeholders with a reliable and consistent data source. Over time, it will also inform development of a road map for accelerating development and increasing U.S. competitiveness in the offshore wind market.

Katharina Garus

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